Taylor, R. Garth; McKean, John R.; Johnson, Donn M. - In: Journal of Agricultural and Resource Economics 35 (2010) 1
-run demand model was specified with location value for anglers who have the option to access a follow-on site if fishing … and $43.48 for anglers who did. A location value of $24.96 accrued only to anglers with a follow-on site. Total annual … site value was understated by as much as 40% ($0.78 million) if location value for anglers with a follow-on site was …